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Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,792 sqft
Price per Sqft $49
Subdivision Mechanicsburg Borough
MLS Listing ID PACB124422
Sold Date 11/20/20
Style Traditional
HOA Y/N N
Abv Grd Liv Area 4,792
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,077
Tax Year 2020
Lot Size 4,792 Sqft
Acres 0.11
Property Description
2 Unit Commercial Office Building in Downtown Mechanicsburg with the potential for a 3rd floor apartment with minor improvements. This property has been meticulously maintained and improved in every respect. Over 4700 sq ft @ only $53 price per square foot. Excellent Exposure and Traffic Count is quite high. Great investment opportunity in an attractive location in Cumberland County; the fastest growing county in the state of PA. With the addition of 3rd floor income this property would easily be a 10+% Capitalization Rate Property. Inspections on file for interested Buyers.
Location
State PA
County Cumberland
Area Mechanicsburg Boro (14416)
Zoning RESIDENTIAL
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Heat Source Electric
Exterior
Water Access N
Roof Type Architectural Shingle,Rubber
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Mechanicsburg Area
School District Mechanicsburg Area
Others
Tax ID 16-23-0565-015
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with ELIZABETH KNOUSE FOOTE • Berkshire Hathaway HomeServices Homesale Realty